$XRP rallied from the $2.70 support zone to the $3 mark, showcasing fresh momentum after weeks of sideways trading. This bullish move was largely triggered by Bitcoin’s sharp rebound from $114K to above $120K, which lifted sentiment across the entire crypto market.
XRP Price in USD over the past week - TradingView
The breakout has positioned XRP in a decisive zone that could determine whether this rally extends toward higher resistances or stalls under global and macroeconomic pressure.
The broader crypto market has started October in the green, with majors showing strong weekly gains:
This synchronized market rally indicates Uptober might be fueling renewed investor confidence.
The daily chart shows $XRP has broken out of its descending resistance (orange trendline) and is now consolidating near the $3 mark.
XRP/USD 1-day chart - TradingView
The retest (green arrow) confirms a successful breakout attempt, but holding above $3 will be key for continuation.
October has earned the nickname “ Uptober ” in crypto history, as it often follows September’s weakness with strong recoveries . In multiple past cycles, Uptober has marked the start of major rallies for Bitcoin and altcoins.
The early green across the board suggests traders are betting on the same seasonal pattern. For XRP, this could mean the rally extends toward $3.60 if the trend continues.
Despite Uptober optimism, the world is far from stable:
These factors could easily cap gains or trigger sudden corrections, even in an otherwise bullish Uptober.
If $Bitcoin holds above $120K and Uptober momentum continues, XRP could push toward $3.60 resistance in the short term. A breakout above that level could open a wider rally into year-end.
On the downside, failure to hold $3 risks a drop back to $2.75 support, with a deeper correction possible toward $2.50 if macro headwinds intensify.